216 Hatcher Road

Property Overview

216 Hatcher Road is a well-situated home in Winnipeg's Mission Gardens neighbourhood. Built in 1975, it offers 1,080 square feet of living space on a 4,425 sqft lot. The home presents a practical opportunity, with its value rooted in its position within a mature community rather than standout size or assessed value.

Key Characteristics & Appeal

The primary appeal of this property lies in its efficient use of space and its established location. With 1,080 sqft of living area, the home is notably above average for its immediate street (top 25% on Hatcher Road), offering more interior space than many direct neighbours. This makes it a practical choice for a small family, a couple, or a first-time buyer seeking a comfortable footprint without excessive upkeep.

Its assessed value is notably below the averages for both the broader Mission Gardens area and the city, which can signal a more accessible entry point into the market. This combination—above-average interior space for the street with a below-average assessment for the area—suggests a potential value proposition. The lot size is consistent with area norms, providing typical outdoor space for the neighbourhood.

The home would suit a value-conscious buyer looking for a move-in-ready foundation in a settled community. It’s particularly fitting for those who prioritize living space over a premium lot size and see potential in a property that may be assessed conservatively. The sales history indicates steady appreciation, with the last sale in the 2021-2025 period.

Frequently Asked Questions

1. How does the assessed value impact property taxes?
A below-average assessed value for the area often results in proportionally lower property taxes compared to neighbouring homes, which is a tangible, ongoing financial benefit.

2. What does the "above average" living space for the street actually mean?
It means that within the specific group of 101 homes on Hatcher Road used for comparison, this home's interior size ranks 25th. You're getting more indoor space than roughly 75% of your closest neighbours, which is a relative strength on this street.

3. The home was built in 1975. What should I consider?
Homes from this era may have original components, like windows, roofing, or major systems, that are nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates, though the structure itself benefits from decades of settled stability.

4. The lot is smaller than the street average. Is that a concern?
At 4,425 sqft, the lot is very close to the city-wide average and is typical for Mission Gardens. While it's smaller than some lots on Hatcher Road, it likely requires less maintenance and may foster a closer-knit street atmosphere.

5. Why is the sold price shown as a range?
To protect precise transaction details, public records often only show broad price bands. You can request the exact historical sold prices directly from the listing service via email for accurate financial planning.